Hong Kong, once celebrated as a key international financial hub and a vital conduit for foreign investments into mainland China, is grappling with a shifting identity. The city’s gradual alignment with the mainland, diminishing its unique status as a Special Administrative Region, has raised alarm bells in the global financial community. This unsettling shift was starkly evident at the recently convened second Global Financial Leaders’ Investment Summit. Analysts observe significant changes in China’s business climate, prompting Wall Street leaders to seek insights into the Chinese Communist Party’s (CCP) strategies and policies. The summit, themed “Living with Complexity,” took place in Hong Kong on Nov. 7, drawing luminaries like James Gorman of Morgan Stanley, Goldman Sachs’ David Solomon, UBS Group’s Colm Kelleher, and Deutsche Bank’s Christian Sewing, alongside more than 300 other prominent figures from the world’s leading financial institutions....Read more https://www.theepochtimes.com/china/financial-giants-converge-in-hong-kong-amid-concerns-over-political-situation-5529992
Chinese dissidents speak highly of a global grassroots movement, triggered by an editorial series published by The Epoch Times, celebrating it as a “landmark of Chinese people’s spiritual awakening” that helps peacefully end the totalitarian rule of the Chinese Communist Party (CCP). The Tuidang Movement, literally meaning “Quitting the Party Movement” in English, began in 2004 after The Epoch Times published an editorial series, the “Nine Commentaries on the Communist Party” (Nine Commentaries). The Nine Commentaries expose the CCP’s evil origin, unscrupulous nature, and history of killing, and it is now available in 16 languages, including Chinese and English, according to its website. It won awards for excellence in online news coverage of Asian American Issues from the Asian American Journalists Association in 2005....
A House chairman has asked U.S. organizers to provide a list of executives who will pay $40,000 to dine with Chinese leader Xi Jinping during his visit to the United States. In letters dated Nov. 13 to the leaders of two American business associations, Rep. Mike Gallagher (R-Wis.), who chairs the House Select Committee on the Chinese Communist Party (CCP), criticized American business executives for paying thousands of dollars to have dinner with CCP officials involved in human rights abuses. “It is unconscionable that American companies might pay thousands of dollars to join a ‘welcome dinner’ hosted by the very same CCP officials who have facilitated a genocide against millions of innocent men, women, and children in Xinjiang,” Mr. Gallagher said....
SAN FRANCISCO—Free hotel, free flight, free food. The Chinese Consulate hasn’t been tightfisted when it comes to its communist leader’s first visit to the United States in six years. Greeters for Xi Jinping’s arrival in San Francisco pocketed as much as $200 along with an all-expense-covered trip that brought some of them from the other side of the coast, according to some participants, observers, and screenshots of social media conversations leading up to the Asia Pacific Economic Cooperation summit. Many pro-Beijing protesters donned red caps or uniforms while waving red flags, saturating the blockaded streets with the color closely associated with communism. At least one person—a woman donning a black dress who was eating a boxed lunch while standing with her back against a building wall—was carrying a red tote bag, which suggests that she has ties to the Chinese Consulate in New York, according to a dissident who had trailed them....